Home > Salary > Iceland > Research Director
A research director is responsible for overseeing and managing all research activities within an organization. They lead a team of researchers, set research goals and objectives, and ensure that projects are executed efficiently and effectively. The research director is involved in designing research studies, collecting and analyzing data, and interpreting findings to make informed decisions. They collaborate with other departments to identify research needs, develop strategies, and provide recommendations based on research outcomes. Additionally, research directors stay updated with the latest industry trends and advancements to ensure that the organization remains competitive.
Estimated Yearly Salary: 20,666,883 ISK
Estimated Monthly Salary: 1,722,240 ISK
Estimated Weekly Salary: 397,440 ISK per week
Estimated Hourly Salary: 9,936 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,665,902 ISK
Estimated Weekly Salary: 384,439 ISK per week
Estimated Hourly Salary: 9,611 ISK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 144,610 USD
Estimated Monthly Salary: 12,051 USD
Estimated Weekly Salary: 2,781 USD per week
Estimated Hourly Salary: 70 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 20,666,883 ISK
Estimated Monthly Salary: 1,722,240 ISK
Estimated Weekly Salary: 397,440 ISK per week
Estimated Hourly Salary: 9,936 ISK per hour
By working as Research Director a person can save up to 9,322 USD per month or 111,864 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Research Director
Last revision of data: 2025-01-04
Data as of 2025
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Research Director salary in Iceland
Average Yearly Salary of Research Director in Iceland is approximately 20,666,883 ISK (144,610 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Research Director do?
A research director is responsible for overseeing and managing all research activities within an organization. They lead a team of researchers, set research goals and objectives, and ensure that projects are executed efficiently and effectively. The research director is involved in designing research studies, collecting and analyzing data, and interpreting findings to make informed decisions. They collaborate with other departments to identify research needs, develop strategies, and provide recommendations based on research outcomes. Additionally, research directors stay updated with the latest industry trends and advancements to ensure that the organization remains competitive.
Skills: Research, Director, Management, Data Analysis, Strategy Development, Decision-making
Job industry: Research and development
Job industry: Research and development
How much does Research Director make?
Salary details
How much does Research Director make?Estimated Yearly Salary: 20,666,883 ISK
Estimated Monthly Salary: 1,722,240 ISK
Estimated Weekly Salary: 397,440 ISK per week
Estimated Hourly Salary: 9,936 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 19,990,828 ISKEstimated Monthly Salary: 1,665,902 ISK
Estimated Weekly Salary: 384,439 ISK per week
Estimated Hourly Salary: 9,611 ISK per hour
Last revision of data: 2024-01-06Research Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 144,610 USD
Estimated Monthly Salary: 12,051 USD
Estimated Weekly Salary: 2,781 USD per week
Estimated Hourly Salary: 70 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Research Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Research Director in Iceland earns on average:
2.31 times the average salary (or 231% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Research Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Research Director in Iceland earns on average:
2.31 times the average salary (or 231% of average salary).
Is Research Director a well paid job?
Yes, our data show that Research Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Research Director?
High salary for Research Director would be somewhere between 22,733,571 ISK and 29,966,980 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Research Director in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 20,666,883 ISK
Estimated Monthly Salary: 1,722,240 ISK
Estimated Weekly Salary: 397,440 ISK per week
Estimated Hourly Salary: 9,936 ISK per hour
By working as Research Director a person can save up to 9,322 USD per month or 111,864 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Research Director
Norway is 202,345 USD
United Kingdom is 95,246 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Talent acquisition administrator (10,552,839 ISK per year, pre-tax.)
Auto body technician (7,018,011 ISK per year, pre-tax.)
Marble finisher (7,762,469 ISK per year, pre-tax.)
Excavating loading machine or dragline operator (7,568,995 ISK per year, pre-tax.)
Dental insurance biller (7,018,011 ISK per year, pre-tax.)
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